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    Topics created by iamvlad

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      [Parameter change] Reduce XCT inflation from 7.5% to 2%
      Citadel.one DAO Proposals • • iamvlad

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      I just noticed that the XCT actual token inflation has been far higher than 7.5% since its inception.

      I'm not speculating that the smart contract is wrong and you all are lying to us but my conclusion is that big third party unlocks that impacted the total supply have been made.

      How to see this:
      photo_2022-12-22_14-34-05.jpg
      The price of XCT has gone from 0.6$ at ATHs to 0.012$ today which is lower by 50 times. 0.6/0.012 = 50

      photo_2022-12-22_14-34-38.jpg

      On the other hand the marketcap of XCT tokens has gone from an ATH of $6 million to $1.2 million which is actually very impressive considering the market conditions and it's a better performance than many other altcoins. the mktcap of today is 5 times less than the mktcap at ATHs: 6'000'000 / 1'200'000 = 5

      There's a very big difference between 5 and 50. even when you factor the 7.5% in basically nothing changes.

      I calculated the number of tokens in existance at ATHs on the 17/10/2021 (total supply) by dividing mktcap / price

      this gets me approximately 12.5m tokens and now more than 93m exist. so there's been an increase in available supply of 93/12.5 = 7.44x (744% dilution)

      as Dimitri pointed out on telegram basically all of it came into circulation from unlocks.
      So imo we should focus on reducing those unlocks and making less deals with private investors. XCT for now basically has been an escamotage to raise liquidity from private investors... nothing more. This proposal to lower the network inflation to 2% won't change things.

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      XCT Buyback Proposal #5
      Citadel.one DAO Proposals • • iamvlad

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      XCT Burn Proposal #4
      Citadel.one DAO Proposals • • iamvlad

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      Citadel.one DAO off-chain proposal #3. Expand the XCT reward program on all newly integrated networks
      Citadel.one DAO Proposals • • iamvlad

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      yes yes yes too

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      An open letter by Citadel.one DAO Foundation about XCT buyback results, recent progress and plans.
      Announcements • • iamvlad

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      OSMOSIS Signaling Proposal: Ion DAO & Treasury Considerations
      Network Proposals • • iamvlad

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      $OSMO Staking XCT Incentive off-chain proposal #2
      Citadel.one DAO Proposals • • iamvlad

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      I am agree

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      Twitter Advocates
      Jobs • • iamvlad

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      Content Distribution Manager
      Jobs • • iamvlad

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      Community Manager (Kava, Akash, Band, ICON...)
      Jobs • • iamvlad

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      ATOM/USDT Pair on Injective DEX
      Network Proposals • • iamvlad

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      @achilleaskal Thanks for the heads up!

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      XCT Buyback and Burn Off-chain Proposal #1
      Citadel.one DAO Proposals • • iamvlad

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      good idea !
      thx

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      Frequently Asked Questions
      FAQ & Feedback • • iamvlad

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